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Federal Framework For Sports Betting Gains Momentum As Orrin Hatch Nears Retirement (Forbes)

Gambling firms agree ‘whistle-to-whistle’ television sport advertising ban (BBC News)

Online casinos fined £14m in watchdog crackdown (The Guardian)

Sports Gambling Is Evolving More Rapidly Than Expected (Forbes)

Macau | Gaming growth probably to slow down in 2019 but no reason to expect lower yearly results – Analysts (Macau Business)

Best bet to combat gambling? Teach children bookies’ odds don’t add up (The Guardian)

Children ‘bombarded’ with gambling adverts on I’m a Celebrity app (The Guardian)

More…

At a Glance…

 

AUSTRALIA:
First national framework to reduce gambling harm
The six state governments have committed to rolling out a National Consumer Protection Framework for wagering – the 10-point action plan will be rolled out at three-month intervals

U.S.A.:
PA slot machine revenue up 1%
November’s gross revenue from slot machines at the 12 Pennsylvania casinos was $183,069,177, a 1% increase in revenue when compared to the $181,329,655.27 generated in November 2017

SOUTH AFRICA:
National Gambling Board to become National Gambling Regulator
Minister Dr Rob Davies says the National Gambling Amendment Bill adopted by the Portfolio Committee on Trade and Industry will strengthen the regulatory environment of the gambling industry – the Bill is to be debated in the National Assembly

IRELAND:
Betting tax increase frozen
Minister of Finance Paschal Donohoe has announced that the government has temporarily halted the proposed doubling of betting tax from 1% to 2% of turnover – the implementation of the new tax regime will be delayed for a potential impact review

U.K.:
FOBT stake reduction date back to April
In a climb down by the government, following an outcry by MPs and the public, the implementation date for the reduction in stakes on fixed odds betting terminals is now April 2019, 6 months earlier than had been announced

U.K.:
National Lottery sees rise in online sales
Camelot UK Lotteries has reported a 5% increase in National Lottery ticket sales for the 6-month period ended September 29th, with a record performance from its digital sales channel

U.K.:
RGD to rise to 21%
Government delays FOBT stake reduction but increases online casino tax – Remote Gaming Duty (RGD) will rise from its current rate of 15% to 21% effective October 1, 2019

SOUTH AFRICA:
GGR up but economic climate tough
Gross gambling revenue was up in 2017/18 to R18.45 billion from R17.83 billion in 2016/17 but the state of the economy and illegal gaming operations are still impacting casino profits